Assignment
Review Questions
Complete and submit the following questions. The questions will cover the content of the material and will require the learner to think critically and contextually about the subject matter.
1. Conduct a five forces analysis of the "business school" industry or the "higher education" industry. Identify the "strategic group" in which your home institution belongs to. Then use this analysis to explain why your home institution is doing well (or poorly) in the competition for better students, professors, donors, and ultimately rankings.
2. Conduct a VRIO analysis by ranking your school in terms of the following six dimensions relative to the top three rival schools. If you were the dean with a limited budget, where would you invest precious financial resources to make your school number one among its rivals?
• Perceived reputation
• Faculty strength
• Student quality
• Administrative efficiency
• Information systems
• Building maintenance
3. Some suggest that foreign markets are graveyards for entrepreneurial firms to overextend themselves. Others argue that foreign markets represent the future for SMEs. If you were the owner of a small, reasonably profitable firm, would you consider expanding overseas? Why or why not?
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.